RNS Number : 4513N
Civitas Social Housing PLC
30 September 2021
 

LEI: 213800PGBG84J8GM6F95

30 September 2021

Civitas Social Housing Plc (the "Company")

Purchase of Shares in Closed Period

Civitas Social Housing Plc (the "Company") announces that the Company will shortly enter a close period ahead of the notification of its NAV for the period ended 30 September 2021 (the "Close Period"), which is expected to be on or after 5 November 2021.

Pursuant to the share buyback authority approved by the Company's shareholders at the AGM on 22 September 2021, the Board has granted authority to the Company's joint brokers, Panmure Gordon (UK) Limited and Liberum Capital Limited, to purchase the Company's ordinary shares ("Ordinary Shares") in the market during the Close Period, subject to pre-agreed parameters.  Any Ordinary Shares purchased during the Close Period will be held in treasury to the extent permitted by law or cancelled.

The authority granted is irrevocable and non-discretionary, and during the Close Period the Board has no power to invoke any changes to the authority and any purchases will be undertaken at the sole discretion of Panmure Gordon (UK) Limited and Liberum Capital Limited.

The Company confirms that it currently has no unpublished inside information.

 

 

For further information, please contact:

 

Civitas Investment Management Limited

Andrew Dawber                                            Tel: +44 (0)20 3058 4846

Paul Bridge                                                     Tel: +44 (0)20 3058 4844

 

Panmure Gordon

Sapna Shah                                                     Tel: +44 (0)20 7886 2783

Tom Scrivens                                                  Tel: +44 (0) 20 7886 2648

 

Liberum Capital                                                 Tel: +44 (0) 20 3100 2000

Chris Clarke

Darren Vickers

Owen Matthews                                

 

Buchanan

Helen Tarbet / Henry Wilson                      Tel: +44 (0) 20 7466 5000

Hannah Ratcliff / George Beale                  civitas@buchanan.uk.com

 

 

 

 

Civitas Social Housing PLC ("CSH") was created in 2016 by Civitas Investment Management Limited as the first dedicated London listed REIT, to raise long-term, sustainable, institutional capital to invest in care-based social homes across the UK. So far, Civitas has completed more than 120 individual transactions to build the largest portfolio of its kind that has been independently valued at £915.6million (31 March 2021). CSH now provides homes for 4,391 working age adults with long-term care needs, in 648 bespoke properties that are supported by 119 specialist care providers, 16 approved providers and working with over 178 individual local authorities.

 

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